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Statistics

Transportation and utilities in Mexico.

Author

Lim, Yao Yang.

Tan, Jeffrey Hock Chye.

Wong, Christina Chin Hsiu.

Wong, Edmund Mun.

Date of Issue

2000

School

College of Business (Nanyang Business School)

Abstract

The adoption of radical economic re-structuring and market reforms, trade liberalisation, deregulation, privatisation and the lifting of restrictions on foreign investment have enabled Mexico to overcome their economic malaise of 1994 and allowed them to make remarkable turnarounds in the last few years. Despite the peso crisis, the Mexican government is confident of attaining strong growth in the medium to long term. Rapid economic developments have, however, placed significant pressure on the country's existing transportation and utilities infrastructure. Without a well-developed infrastructure system, this emerging economy will find it difficult to support its next phase of economic expansion.